"Stuck" Holder: PRIM

About Me:

With a capital of 900k Pesos that I moved from my Special Deposit Account (SDA), I started to enter the world of stock market.

I went to a stock broker company as directed by a friend who knew about stocks. There, I was scheduled to attend seminar, free advice on which stocks to buy.

From the way I was told, it seems that I can make money by trading, they advised some "proven" stocks, so to speak. Some with their so called, fair value, real market value..etc..

Then, i bought some stocks... stocks that are said to have good fundamentals..

Then, I gained better than what I gain in SDA. it was soo awesome my life was suddenly on the lux...

then, few stocks begin to rally... stocks that i really dont know.

i felt that my long wait in some stocks are outperformed by few select stocks.... 50% in one day ,while i have 3% in 2 months...and the stocks dont have enough buyers to allow me to get out....

then i bought an agro-stock, a chemical company stock, and a reusable energy stock out of recommendation on a local stock trading forum..

first day i had 28%,17% and 63%. it was really amazing. almost a week of lux at resorts and hotels.

local forumers are hyping, and a gay trader worshipped by most member who had fetish for french keep telling those stocks i hold are a buy.... most hold,so did i.

to my dismay, all those gains crumbled...a stock even fall below IPO stock..

then, when i asked.. the french loving gay even told me,

"ok lang yan, stuck ka muna, stuck holder.. LOL"

..so I am a "STUCK" holder .. ,huh?

i wished i could kill the pied piper... but later thought im at fault too..

so as an advice, learn from my mistake... because you will always be slapped by someone else if you keep on buying poor performing stocks and their false stories..

This is a blog for everyone who’s interested in the Stock Market.

Wednesday, January 30, 2013

PRIM : January 31, 2013